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Owens Corning (OC) Looks Good: Stock Adds 6.2% in Session
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Owens Corning (OC - Free Report) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $64.09 –$67.38 in the past one-month time frame, showed a sharp increase yesterday.
The move came after the company reported solid second-quarter 2017 results.
The company has seen three positive estimate revisions in the past one month, while its Zacks Consensus Estimate has also moved higher over the same time period, suggesting that more solid trading could be ahead for Owens Corning. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Owens Corning currently has a Zacks Rank #2 (Buy), while its Earnings ESP is positive%.
Another player in the Building Products – Miscellaneous industry, which looks attractive at current levels is NCI Building Systems, Inc. that sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is OC going up? Or down? Predict to see what others think: Up or Down
More Stock News: Tech Opportunity Worth $386 Billion in 2017
From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future.
Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>>
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Owens Corning (OC) Looks Good: Stock Adds 6.2% in Session
Owens Corning (OC - Free Report) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $64.09 –$67.38 in the past one-month time frame, showed a sharp increase yesterday.
The move came after the company reported solid second-quarter 2017 results.
The company has seen three positive estimate revisions in the past one month, while its Zacks Consensus Estimate has also moved higher over the same time period, suggesting that more solid trading could be ahead for Owens Corning. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Owens Corning currently has a Zacks Rank #2 (Buy), while its Earnings ESP is positive%.
Owens Corning Inc Price
Owens Corning Inc Price | Owens Corning Inc Quote
Another player in the Building Products – Miscellaneous industry, which looks attractive at current levels is NCI Building Systems, Inc. that sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is OC going up? Or down? Predict to see what others think: Up or Down
More Stock News: Tech Opportunity Worth $386 Billion in 2017
From driverless cars to artificial intelligence, we've seen an unsurpassed growth of high-tech products in recent months. Yesterday's science-fiction is becoming today's reality. Despite all the innovation, there is a single component no tech company can survive without. Demand for this critical device will reach $387 billion this year alone, and it's likely to grow even faster in the future.
Zacks has released a brand-new Special Report to help you take advantage of this exciting investment opportunity. Most importantly, it reveals 4 stocks with massive profit potential. See these stocks now>>